According to data provided to Cointelegraph on Dec. 15, network growth still appears to be strong for blockchain indexer The Graph. Launched two years ago, The Graph Network allows developers to easily search, index, use and publish data from public blockchains.
From November 2021 to November 2022, the total number of developers on The Graph (both active and inactive) increased by 145% to 38,000. During the same period, average GRT query fees per month increased by 1,191% to 354,000, while total lifetime GRT queries on the decentralized network increased by 984% to 5.2 billion. Finally, total subgraphs, or proxies for applications, increased by 122% to 641 on the decentralized network in the same period.